fluffybunny655
fluffybunny655 fluffybunny655
  • 02-11-2018
  • Mathematics
contestada

Corey deposits $300 in a bank that pays 4% annual interest. How much interest does Corey earn in one year? What would the interest be if the rate were 6%?

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lucyderarepotato
lucyderarepotato lucyderarepotato
  • 02-11-2018
$300/100= $3 1%=$3 $3x4=$12 $300+$12=4%$312
$3x6=$18 $300+$18=$318
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